DeFiance Capital Founder: Going Long Crypto Assets and Shorting Stocks Trend May Just Be Beginning, USDC Supply Has Returned to Historical Highs

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ChainCatcher News, DeFiance Capital founder Arthur posted on X platform stating that the current stock market is overly optimistic in pricing reality. Once market sentiment shifts, adjustments could be more intense. He believes this environment may present opportunities for Bitcoin and cryptocurrencies to perform, making them a hedge against sovereignty and geopolitical risks amid geopolitical and macroeconomic uncertainties.

Arthur said, “A trading strategy of going long on cryptocurrencies and short on stocks or high-yield bonds” might be one of the more attractive long-short combinations in the current market. He then added that this trading trend might just be the beginning. Additionally, he pointed out that the USDC supply, after hitting a bottom over a month ago, has risen back to a record high, which may partly explain CRCL’s nearly doubled performance since its recent low.

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